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Canada Pension Plan Investment Board Invests $21.57 Million in Advanced Energy Industries, Inc. $AEIS

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Key Points

  • Canada Pension Plan Investment Board acquired 57,840 shares of Advanced Energy Industries worth approximately $21.57 million, joining other institutions that collectively own 99.67% of the company.
  • Advanced Energy reported stronger-than-expected quarterly results, with $2.74 in EPS versus $2.21 expected and revenue of $574.1 million, up 30% year over year. The company guided for third-quarter EPS of $2.75–$3.25.
  • Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $409.50, while insiders sold roughly $8.38 million of shares over the past three months.
  • Interested in Advanced Energy Industries? Here are five stocks we like better.

Canada Pension Plan Investment Board acquired a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 57,840 shares of the electronics maker's stock, valued at approximately $21,567,000. Canada Pension Plan Investment Board owned about 0.14% of Advanced Energy Industries at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Castleark Management LLC purchased a new position in Advanced Energy Industries during the second quarter worth about $6,038,000. Nicholas Investment Partners LP purchased a new stake in shares of Advanced Energy Industries in the 2nd quarter valued at approximately $17,032,000. Legal & General Group Plc acquired a new position in shares of Advanced Energy Industries in the 2nd quarter worth approximately $19,726,000. The Manufacturers Life Insurance Company acquired a new position in shares of Advanced Energy Industries in the 2nd quarter worth approximately $166,162,000. Finally, Visionary Wealth Advisors purchased a new position in shares of Advanced Energy Industries during the 2nd quarter worth approximately $4,291,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Energy Industries Stock Performance

Shares of AEIS stock opened at $272.82 on Friday. The firm has a 50 day moving average of $312.14 and a two-hundred day moving average of $326.96. The stock has a market capitalization of $10.93 billion, a PE ratio of 50.90 and a beta of 1.29. The company has a quick ratio of 2.94, a current ratio of 3.79 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 52 week low of $144.09 and a 52 week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, topping analysts' consensus estimates of $2.21 by $0.53. The business had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The company's revenue was up 30.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, research analysts predict that Advanced Energy Industries, Inc. will post 9.5 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, August 24th. Advanced Energy Industries's dividend payout ratio (DPR) is presently 7.46%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on AEIS shares. Zacks Research raised Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 30th. Robert W. Baird raised their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 5th. Susquehanna lifted their price objective on Advanced Energy Industries from $430.00 to $535.00 and gave the company a "positive" rating in a research note on Tuesday, June 30th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Advanced Energy Industries in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Advanced Energy Industries has an average rating of "Moderate Buy" and an average price target of $409.50.

Check Out Our Latest Research Report on Advanced Energy Industries

Insider Transactions at Advanced Energy Industries

In other news, COO Eduardo Bernal Acebedo sold 24,771 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the transaction, the chief operating officer directly owned 23,109 shares of the company's stock, valued at approximately $7,290,427.32. The trade was a 51.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44. Following the completion of the sale, the executive vice president directly owned 10,712 shares in the company, valued at approximately $3,563,668.16. This trade represents a 7.81% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 26,586 shares of company stock valued at $8,379,904. Corporate insiders own 1.30% of the company's stock.

Advanced Energy Industries Company Profile

(Free Report)

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.

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Want to see what other hedge funds are holding AEIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report).

Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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